Business groups are telling the Trump administration which tax regulations they would like to see scrapped, and rules on the corporate book-income tax and “double-dipping” of losses in the US and abroad are high on their wish lists.
As President Donald Trump reaches his 100th day in office, his efforts to roll back regulations are picking up steam. The Treasury Department has already clawed back some previous guidance on partnership taxes, and business advocates are making recommendations for other tax-related rules that should go away.
Both the business groups and other observers see the moment as a once-in-a-very-long-time chance to ...
Learn more about Bloomberg Tax or Log In to keep reading:
Learn About Bloomberg Tax
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools.